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$ZEREBRO Exhaustion Move
ZEREBRO has printed a strong impulsive rally followed by a sharp rejection from the 0.0400 zone, signaling potential exhaustion. The current pullback with strong bearish candles suggests sellers are stepping in after a liquidity grab at the top.
Price is now losing momentum and forming a lower high on the lower timeframe. If this weakness continues, a deeper correction toward previous support levels is likely.
Trade Setup (SHORT):
Entry: $0.0330 – $0.0340
Target: $0.0290 – $0.0265
Stop Loss: $0.0365
Rejection from highs + momentum shift favors downside continuation